Business Directories

Arab Steel appoints new chairman

Manama, June 3, 2012

Arab Iron and Steel Union (AISU), the largest regional Arab conglomerate of iron and steel producers and users comprising more than 80 companies from 16 Arab states, has appointed Khalid Al-Qadeeri as its chairman.

The appointment was made on the occasion of the 104th meeting of the Union’s Board of Directors recently held in Bahrain.

Al-Qadeeri is the vice chairman and managing director of leading global steel investment firm Foulath, a global steel investment vehicle and holding company. He is an industry veteran with more than 30 years of experience in the regional and international steel industry.

“We are delighted to announce the appointment of Khalid Al-Qadeeri as chairman of the Arab Iron and Steel Union for the forthcoming term,” said Mohamed Laid Lachgar, secretary general AISU.

“Al-Qadeeri’s contributions to the industry over the past three decades will bring considerable benefits to the Union and our members as we work to meet the opportunities and challenges ahead of us.”

Al-Qadeeri said: “I am deeply honoured by this appointment and the opportunity to assume the chairmanship of the Union, which continues to play an important role in supporting the further development of the Arab world’s steel industry.”

“I am especially pleased that this is an honour bestowed upon me by our peers. The Union is at the forefront of fostering dialogue on key issues impacting the industry – both on a regional and global level – and of launching initiatives to support the growth of its members. I look forward to working with the Union’s Secretary General and Board of Directors across the Arab world in the coming months,” he added. – TradeArabia News Service